RevPAR up in 84% of global markets: Japan continues to blossom, China remains sluggish

20 novembre 2024
The level of global markets with RevPAR growth jumped to 84%. Mediterranean and Japanese hotel markets highlighted the leaderboard, while growth lags in most Chinese markets.
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Hotels
Industry Updates
Global
Historical Data

U.S. election impact on global travel and hotel performance

18 octobre 2024
With the summer months past us, conversations are now swirling around how the U.S. presidential election will impact tourism outside of North America.
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Global
Industry Updates
Historical Data
Forward Data

Euro hosts stand out as 64% of global hotel markets outperformed 2023

30 juillet 2024
From the end of June through the first three weeks of July, most global hotel markets steadily displayed year-over-year performance increases. Markets in Germany were standouts thanks to the 2024 UEFA European Football Championship.
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Hotels
Industry Updates
Global
Historical Data

Regional update: 2023 data and the year ahead

8 mars 2024
In this global update, we take a journey through each of the four world regions – focusing on performance, pipeline, and factors that influenced the data in 2023, while also looking ahead to what’s in store for the rest of 2024.
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Global
Historical Data
Industry Updates
North America
Asia Pacific
Middle East and Africa
Europe

New York City and Washington, D.C. among top performing U.S. markets in 2023

29 janvier 2024
In 2023, many key U.S. hotel markets caught up on recovery that was held back due to a lack of business travel. Markets like New York City and Washington, D.C., were atop the 2023 performance list, while growth leaders from previous years were more grounded due to diminished leisure travel.
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Historical Data
Industry Updates
North America
Hotels

Asian countries lead in absolute RevPAR, while South America highlights recovery

27 novembre 2023
A new edition of STR's global "bubble" charts shows more momentum in Asia and South America. Sporting events continue to contribute growth in markets across the world.
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Hotels
Industry Updates
Historical Data

Hotel performance standouts during Beyonce’s world tour

24 octobre 2023
Beyoncé claimed the throne with the highest-grossing tour by a solo female artist. How did that translate to hotel performance? Let's just say some of the metrics were "heated" in some stops, but the impact was more “unique” by market. Learn which stops on the RENAISSANCE World Tour stood out.
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Global
Events
Historical Data
Industry Updates
North America
Hotels

Spain hotels positioned for strong summer season

3 juillet 2023
Spain's key leisure markets, Andalusia, the Balearic Islands and the Canary Islands, are on track to see a highly successful summer. Barcelona is also anticipating a strong season with occupancy on the books spiking at 83%.
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Europe
Historical Data
Forward Data
Industry Updates

Staying strong, 85% of global hotel markets continue to see RevPAR growth above 2019

29 juin 2023
A new edition of STR's global "bubble" charts shows sustained strength in the balance recovery as occupancy continues to contribute to growth in revenue per available room (RevPAR).
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Global
Historical Data
Industry Updates

Are concerts “running the world?”: A look at how Beyoncé’s Renaissance World Tour has impacted Europe hotel performance

19 juin 2023
Feeling the music after our recent Taylor Swift tour analysis, we took a quick look at Beyoncé’s impact on actualized performance in the U.K. and Sweden, as well as forward bookings in five active Forward STAR markets.
Étiquettes
Forward Data
Historical Data
Europe

U.S. hotel performance enchanted by Taylor Swift’s “The Eras Tour”

9 juin 2023
We “said remember this moment” – because whether looking at actualized hotel data from recent weeks, or booking data for later this summer, Taylor Swift’s “The Eras Tour” is making an impact across the country.
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North America
Events
Historical Data
Hotels
Industry Updates

Global hotel occupancy rising ahead of summer in the Northern Hemisphere

30 mai 2023
A new edition of STR's global "bubble" charts shows more substantial occupancy growth, despite increasing rooms rates, as the industry sees a more balanced recovery around the world.
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Industry Updates
Global
Historical Data

NYC leading U.S. markets, Boston, D.C. and Alaska join occupancy leaderboard

25 mai 2023
U.S. hotel performance produced an incremental gain during the four weeks ending 13 May, a period that falls in between the heavy, summer travel season and earlier year peaks.
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North America
Industry Updates
Historical Data

Asia Pacific hotel performance continues to recover; ADR still pushing gains around the world while occupancy continues to lag

28 avril 2023
A new edition of STR’s global “bubble” charts shows ADR-driven RevPAR growth continuing globally, and while a handful of countries post occupancy gains, many are still experiencing occupancy levels behind 2019 comparables.
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Industry Updates
Global
Historical Data

Seasonal momentum shifting in U.S. hotel performance

21 avril 2023
The top hotel markets in this STR U.S. bubble chart update show a seasonal momentum shift from traditional winter/spring break hotspots to a broader range of destinations with increasingly travel-friendly climates.
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North America
Industry Updates
Historical Data

Hotels in Southeast Asia seeing the return of MICE business and major leisure events

10 avril 2023
Southeast Asia’s hotel industry has seen highs and lows over the past 12 months, but as the year progressed and restrictions eased, the demand for travel began to steadily climb with much of the recent demand in Southeast Asia linked to MICE travel and events.
Étiquettes
Asia Pacific
Industry Updates
Historical Data
Events
Forward Data

More than half of the global markets post RevPAR growth of more than 20% versus 2019

29 mars 2023
A new edition of STR’s global “bubble” charts shows pent-up demand pushing more progress in the Asia Pacific region as well as substantial RevPAR growth for many global markets.
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Global
Industry Updates
Historical Data

Las Vegas, Phoenix and Florida Markets Lead U.S. Hotel Performance During Early Spring Break Period

27 mars 2023
The overall distribution of demand continues to shift back to larger urban destinations, the major markets continue to close the deficit to pre-pandemic levels, and leisure-oriented markets remain firmly rooted near the top of the national leaderboard.
Étiquettes
Industry Updates
North America
Historical Data

Global hotel industry starts 2023 strong as more than 60% of properties recovered RevPAR versus 2019

27 février 2023
A new edition of STR’s global bubble charts show a strong start to 2023 with markets recovering RevPAR across each region as well as more progress in China.
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Global
Industry Updates
Historical Data

Warm U.S. beach markets shine early in 2023, inflation cuts into ADR gains

23 février 2023
STR’s bubble chart update for February 2023 shows the staying power of warm, outdoor-oriented hotel markets and expected seasonal shifts for the opening months of the year. As part of the seasonal slowing for this time of year, most markets are performing below 2019 when adjusting for inflation.
Étiquettes
Industry Updates
Historical Data
North America